Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Foreclosures
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 8 years ago, 08/27/2016

User Stats

60
Posts
16
Votes
Leland Titus
Pro Member
  • Flipper
  • Santa Fe, NM
16
Votes |
60
Posts

Can I buy a forgotten property for taxes in NM by paying them.

Leland Titus
Pro Member
  • Flipper
  • Santa Fe, NM
Posted

Hello I was approached by someone who would like to buy a certain piece of property. This property has been abandoned for quite some time. It took me a little while to figure out that it had actually went through foreclosure in 2004. The property went back to the mortgage company. The mortgage company later went under and was taken over by Wells Fargo in about 2008. Also somewhere in this time between 2004 and 2008 the address of this property and all properties around it in Santa Fe were changed. I believe that due to the address change and the company going under that this property has been lost to the world for 12 yrs and that whoever owns it probably Wells Fargo has no idea that they own it. I spoke with the county tax assessor and they haven't even charged taxes on it since 2006, this property truly fell through the cracks. There is a back tax bill of 250.00 can I pay this and file a lien? any ideas or help? I know that if I reach out to Wells Fargo there is little to no chance of finding anything out so I am looking for a creative way to buy this forgotten property for my client. 

  • Leland Titus
  • Loading replies...